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Global Plastic Drums Market Insights and Forecast to 2028
SKU ID : QYR-20054486 | Publishing Date : 27-Jan-2022
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Plastic Drum offers to collect rainwater, rain barrels, composting, hydroponics, material storage and many other uses.
Market Analysis and Insights: Global Plastic Drums Market
Due to the COVID-19 pandemic, the global Plastic Drums market size is estimated to be worth US$ 2116 million in 2022 and is forecast to a readjusted size of US$ 2497.3 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, HDPE accounting for % of the Plastic Drums global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food and Beverage segment is altered to an % CAGR throughout this forecast period.
China Plastic Drums market size is valued at US$ million in 2021, while the US and Europe Plastic Drums are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Plastic Drums landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Plastic Drums include BWAY, RPC, Jokey, BERRY PLASTIC, M&M Industries, Encore Plastics, Industrial Container Services, Hitech and Ruijie Plastics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Plastic Drums Scope and Segment
Plastic Drums market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Plastic Drums market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
HDPE
PP
Other
Segment by Application
Food and Beverage
Construction
Chemical Industries
Household
Other
By Company
BWAY
RPC
Jokey
BERRY PLASTIC
M&M Industries
Encore Plastics
Industrial Container Services
Hitech
Ruijie Plastics
Priority Plastics
Pro-western
Paragon Manufacturing
Hofmann Plastics
CL Smith
Leaktite
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Plastic Drums Market
Due to the COVID-19 pandemic, the global Plastic Drums market size is estimated to be worth US$ 2116 million in 2022 and is forecast to a readjusted size of US$ 2497.3 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, HDPE accounting for % of the Plastic Drums global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food and Beverage segment is altered to an % CAGR throughout this forecast period.
China Plastic Drums market size is valued at US$ million in 2021, while the US and Europe Plastic Drums are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Plastic Drums landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Plastic Drums include BWAY, RPC, Jokey, BERRY PLASTIC, M&M Industries, Encore Plastics, Industrial Container Services, Hitech and Ruijie Plastics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Plastic Drums Scope and Segment
Plastic Drums market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Plastic Drums market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
HDPE
PP
Other
Segment by Application
Food and Beverage
Construction
Chemical Industries
Household
Other
By Company
BWAY
RPC
Jokey
BERRY PLASTIC
M&M Industries
Encore Plastics
Industrial Container Services
Hitech
Ruijie Plastics
Priority Plastics
Pro-western
Paragon Manufacturing
Hofmann Plastics
CL Smith
Leaktite
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
